True/False
An imposter is someone who impersonates a payee and induces the maker or drawer to issue an instrument in the payee's name and give the instrument to the imposter.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q45: A presentment is a demand for the
Q46: A holder in due course takes an
Q47: Martha draws a check payable to the
Q48: _ refers to a situation in which
Q49: Martha draws a check payable to the
Q51: Transfer warranties cannot be disclaimed if the
Q52: An unqualified indorser has secondary liability on
Q53: Discharge of an instrument by payment can
Q54: A check is only accepted once it
Q55: What is a transfer of an instrument?<br>A)